FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If a firm incurred a total cost of $ 1 0 8 , 9 0 0 to produce 1 , 9 8 0 units of

If a firm incurred a total cost of $108,900 to produce 1,980 units of a good, then the average cost of producing the 1,980 units is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Economics questions

Question

1. One simple way to define a delusion would be to say that it is a false belief. But there is more to it than that. How would you describe Bills delusional belief about the film that had presumably...

Answered: 1 week ago

Question

★★★★★
Diekmann Company, a U.S.-based company, acquired a 100 percent interest in Rakona A.S. in the Czech Republic on January 1, 2016, when the exchange rate for the Czech koruna (Ks) was $0.05. Rakona's...

Answered: 1 week ago

Question

★★★★★
pls help Jeremiah and Jonnie Chaulk are married and have three dependent children, ages 3,6 , and 9. Assume the taxable year is 2022. Required: a. Compute their child credit if AGI on their joint...

Answered: 1 week ago

Question

★★★★★
Ex. 4. Suppose you are looking at a bond that has a 10% annual coupon and a face value of $1,000. There are 5 years to maturity and the yield to maturity is 10%. What is the price of this bond?...

Answered: 1 week ago

Question

★★★★★
4. You've recommended to your team lead that you should move forward with the re-launch. You have a key customer that was impacted by the miss-launch a few months ago and you're meeting with them to...

Answered: 1 week ago

Question

★★★★★
In a neighborhood, 35% of homes have a security system. As a security system salesperson, you want to know how many houses need to be visited before you find 10 houses without a system. 83 62 21 98...

Answered: 1 week ago

Question

★★★★★
Consider the system of equations: 2 x ^ 2 - 3 and + With = 1 2 3 x ^ 3 + 2 and = 2 5 4 x ^ 2 - 2 and ^ 2 + With = 1 8 Write a MATLAB script to find numerical solutions to this system of equations...

Answered: 1 week ago

Question

★★★★★
The following table shows the daily receipts in millions of dollars of the movie "Avatar" for successive Fridays after its opening on Friday 18 December 2009. Weeks $Receipts 0 77.025 2 68.49 4...

Answered: 1 week ago

Question

★★★★★
6. A charge Q is at the centre of a tetrahedron. What is the electric flux through one face of the tetrahedron?

Answered: 1 week ago

Previous Question Next Question